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Year 2010 2011 2012 Gross sales 21,250 22,355 23,517 Accounts receivable 3,000 3,180 3,371 Allowance for doubtful accounts 240 264 317 What is the normal'
| Year | 2010 | 2011 | 2012 |
| Gross sales | 21,250 | 22,355 | 23,517 |
| Accounts receivable | 3,000 | 3,180 | 3,371 |
| Allowance for doubtful accounts | 240 | 264 | 317 |
| What is the "normal' growth rate of sales? | |||
| Enter your answer as a decimal, | |||
| rounded to 4 decimal places (0.0000) | |||
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Entrepreneurial Finance
Authors: Philip J. Adelman, Alan M. Marks
4th Edition
0132434792, 9780132434799
